Business Mathematics

International Edition

Charles D. Miller, Stanley A. Salzman, Gary Clendenen (Autoren)

Media-Kombination

804 Seiten

2008 | 11th edition
Pearson
978-0-321-61231-1 (ISBN)

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Business Mathematics, Eleventh Edition maximizes student interest by presenting the necessary mathematics through real-world applications. New examples from real companies and the people who run them are woven throughout the book to apply the concepts to real practices. Many new photographs, news clippings, and graphs have been added to increase the relevance of chapter content to the world of business. The globalization of our society is emphasized through examples and exercises that highlight foreign countries and international topics.

Providing solid, practical, and up-to-date coverage of business mathematics topics, the text begins with a brief review of basic mathematics and goes on to introduce key business topics, such as bank services, payroll, business discounts and markups, simple and compound interest, stocks and bonds, consumer loans, taxes and insurance, depreciation, financial statements, and business statistics.

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Preface

Introduction for Students

Pretest in Business Mathematics

Index of Applications

1. Whole Numbers and Decimals

1.1 Whole Numbers

1.2 Application Problems

1.3 Basics of Decimals

1.4 Addition and Subtraction of Decimals

1.5 Multiplication and Division of Decimals

            Case Study: Subway

            Chapter 1 Quick Review

            Chapter Terms

            Summary Exercise: The Toll of Wedding Bells

            Chapter 1 Test

2. Fractions

2.1 Basics of Fractions

            Case Study: Home Depot

2.2 Addition and Subtraction of Fractions

2.3 Addition and Subtraction of Mixed Numbers

2.4 Multiplication and Division of Fractions

2.5 Converting Decimals to Fractions and Fractions to Decimals

            Chapter 2 Quick Review

            Chapter Terms

            Summary Exercise: Using Fractions with Statistics

            Chapter 2 Test

3. Percent

3.1 Writing Decimals and Fractions as Percents

3.2 Finding Part

3.3 Finding Base

            Supplementary Application Exercises on Base and Part

3.4 Finding Rate

            Supplementary Application Exercises on Base, Rate, and Part

3.5 Increase and Decrease Problems

            Case Study: Century 21

            Chapter 3 Quick Review

            Chapter Terms

            Summary Exercise: Investment Gains and Losses

            Chapter 3 Test

Cumulative Review: Chapters 1—3

4. Bank Services

4.1 Checking Accounts and Check Registers

            Case Study: Jackson and Perkins

4.2 Checking Services and Credit-Card Transactions

4.3 Bank Statement Reconciliation

            Chapter 4 Quick Review

            Chapter Terms

            Summary Exercise: The Banking Activities of a Retailer

            Chapter 4 Test

5. Payroll

5.1 Gross Earnings: Wages and Salaries

5.2 Gross Earnings: Piecework and Commissions

5.3 Social Security, Medicare, and Other Taxes

5.4 Income Tax Withholding

            Case Study: Social Security Administration

            Chapter 5 Quick Review

            Chapter Terms

            Summary Exercise: Payroll: Finding Your Take-Home Pay

            Chapter 5 Test

6. Mathematics of Buying

6.1 Invoices and Trade Discounts

6.2 Series Discounts and Single Discount Equivalents

6.3 Cash Discounts: Ordinary Dating Method

            Case Study: George Foreman

6.4 Cash Discounts: Other Dating Methods

            Chapter 6 Quick Review

            Chapter Terms

            Summary Exercise: The Retailer: Invoices,

            Trade Discounts, and Cash Discounts

            Chapter 6 Test

7. Mathematics of Selling

7.1 Markup on Cost

7.2 Markup on Selling Price

            Supplementary Application Exercises on Markup

7.3 Markdown

7.4 Turnover and Valuation of Inventory

            Chapter 7 Quick Review

            Chapter Terms

            Summary Exercise: Markdown: Reducing Prices to Move Merchandise

            Case Study: REI

            Chapter 7 Test

Cumulative Review: Chapters 4—7

8. Simple Interest

8.1 Basics of Simple Interest

8.2 Finding Principal, Rate, and Time

8.3 Simple Discount Notes

8.4 Discounting a Note Before Maturity

            Case Study: General Motors

            Supplementary Application Exercises on Simple Interest and Simple Discount

            Chapter 8 Quick Review

            Chapter Terms

            Summary Exercise: Banking in a Global World:

            How Do Large Banks Make Money?

            Chapter 8 Test

9. Compound Interest

9.1 Compound Interest

9.2 Interest-Bearing Bank Accounts and Inflation

            Case Study: Bank of America

9.3 Present Value and Future Value

            Chapter 9 Quick Review

            Chapter Terms

            Summary Exercise: Valuing a Chain of McDonald’s Restaurants

            Chapter 9 Test

Cumulative Review: Chapters 8 and 9

10. Annuities, Stocks, and Bonds

10.1 Annuities and Retirement Accounts

10.2 Present Value of an Ordinary Annuity

10.3 Sinking Funds (Finding Annuity Payments)

            Supplementary Application Exercises on Annuities and Sinking Funds

10.4 Stocks

            Case Study: American River College

10.5 Bonds

            Chapter 10 Quick Review

            Chapter Terms

            Summary Exercise: Planning for Retirement

            Chapter 10 Test

11. Business and Consumer Loans

11.1 Open-End Credit and Charge Cards

11.2 Installment Loans

11.3 Early Payoffs of Loans

11.4 Personal Property Loans

11.5 Real Estate Loans

            Chapter 11 Quick Review

            Chapter Terms

            Summary Exercise: Consolidating Loans

            Case Study: Citigroup

            Chapter 11 Test

Cumulative Review: Chapters 10 and 11

12. Taxes and Insurance

12.1 Property Tax

12.2 Personal Income Tax

12.3 Fire Insurance

12.4 Motor Vehicle Insurance

12.5 Life Insurance

            Case Study: Mattel

            Chapter 12 Quick Review

            Chapter Terms

            Summary Exercise: Financial Planning for Taxes and Insurance

            Chapter 12 Test

13. Depreciation

13.1 Depreciation: Straight-Line Method

13.2 Depreciation: Declining-Balance Method

13.3 Depreciation: Sum-of-the-Years’-Digits Method

            Supplementary Application Exercises on Depreciation

13.4 Depreciation: Units-of-Production Method

            Case Study: Ford Motor Company

13.5 Depreciation: Modified Accelerated Cost Recovery System

            Chapter 13 Quick Review

            Chapter Terms

            Summary Exercise: Comparing Depreciation Methods: A Business Application

            Chapter 13 Test

14. Financial Statements and Ratios

14.1 The Income Statement

14.2 Analyzing the Income Statement

14.3 The Balance Sheet

14.4 Analyzing the Balance Sheet

            Chapter 14 Quick Review

            Chapter Terms

            Summary Exercise: Owning Your Own Business

            Case Study: The Hershey Company

            Chapter 14 Test

15. Business Statistics

15.1 Frequency Distributions and Graphs

15.2 Mean, Median, and Mode

            Chapter 15 Quick Review

            Chapter Terms

            Summary Exercise: Watching the Growth of a Small Business

            Case Study: Bobby Flay

            Chapter 15 Test

            CHAPTER 15

            CHAPTER 14

Appendices

A. Equations and Formula Review

            A.1 Equations

            A.2 Business Applications of Equations

            A.3 Business Formulas

            A.4 Ratio and Proportion

B. The Metric System

C. Basic Calculators

D. Financial Calculators

Answers to Selected Exercises

Glossary

Index

Erscheint lt. Verlag	20.11.2008
Sprache	englisch
Maße	304 x 229 mm
Gewicht	1904 g
Themenwelt	Mathematik / Informatik ► Mathematik ► Finanz- / Wirtschaftsmathematik
ISBN-10	0-321-61231-0 / 0321612310
ISBN-13	978-0-321-61231-1 / 9780321612311
Zustand	Neuware